[Worldway U.S. Investment Immigration EB-5 Price Increase Latest News] As early as 2014, Worldway Immigration provided an authoritative analysis of the three major crises that would arise in 2015 regarding U.S. investment immigration: the emergence of a waiting list, an increase in investment amounts, and the expiration of the "9.30 Act". Starting from May 1, the EB-5 visa has seen its first waiting list in 25 years of U.S. investment immigration. This confirms the existence of one of the three major crises: the waiting list wolf. On April 27, the U.S. Citizenship and Immigration Services' superior department — the U.S. Secretary of Homeland Security sent a letter to Congress suggesting an increase in EB-5 prices, indicating that the second wolf among the three crises of U.S. investment immigration is about to be verified.
On April 27, 2015, U.S. Secretary of Homeland Security Jeh Charles Johnson sent a letter to Senators Charles E. Grassley and Patrick J. Leahy of the U.S. Senate Committee, who are respectively the Chairman and Senior Senator of the Senate Judiciary Committee. In the letter, Secretary Johnson suggested that Congress make the following changes to the EB-5 Regional Center Program:
* Authorize the immigration agency to terminate regional centers involved in criminal activities and national security risks;
* Require all regional center executives to be U.S. citizens or lawful permanent residents;
* Create an EB-5 Integrity Fund, requiring regional centers to pay $20,000 annually for audits and site visits;
* Authorize the immigration agency to impose sanctions, fines, and suspend regional centers;
* Restrict TEA to include a designated number from consecutive censuses;
* Increase the minimum investment amount to reflect U.S. inflation; and
* Require regional centers to submit a business plan before USCIS accepts any investor's application for investment in projects under that region (USCIS is an agency under the Department of Homeland Security).
Original author: Peng & Weber Law Firm
[Worldway Warm Reminder] Peng & Weber Law Firm is a good friend of Worldway Immigration Group, and its lawyers have maintained a friendly relationship with Worldway. Worldway Immigration Group will collaborate with renowned lawyers to provide you with the latest professional interpretations of immigration policies. The above summary is a translation; please refer to the original English content for accuracy. For the original English document or to learn about any policies and the latest news regarding the EB-5 price increase, please contact Worldway Immigration Consultants or call the Worldway service hotline: 400-138-2929
[Worldway Immigration Experts Remind] Please note that Patrick J. Leahy is a staunch supporter at the highest levels of EB-5 politics, having just stepped down from the position of Chairman of the Senate Judiciary Committee, passing the baton to Charles E. Grassley. Charles E. Grassley is known as a firm opponent of illegal immigration and is considered to be somewhat of an opponent of EB-5. According to industry sources, Patrick J. Leahy's office is also drafting a reform bill for EB-5, which includes provisions for a price increase.
[Worldway Immigration Expert Interpretation]For 25 years, the U.S. investment immigration visa green card has been the most valuable, cost-effective, and prestigious option in the investment immigration market, maintaining a low threshold. A price increase is inevitable. Especially with the surge in investment immigration quotas in various countries, increased thresholds, and the closure of major investment immigration programs in Hong Kong, Canada, and Australia, global investment immigration policies are tightening further. The first waiting list in 25 years undoubtedly sends a strong signal that a price increase is imminent. Moreover, as early as 2013, the U.S. Senate passed a proposal to increase the EB-5 investment amount, adding the inflation rate to the existing investment amount. According to the latest recommendations from the U.S. Secretary of Homeland Security, an EB-5 price increase is a trend, consistent with the comprehensive immigration reform bill proposed by the Senate in 2013, which will add the inflation rate to the existing basis, meaning that the EB-5 investment amount is expected to rise from the minimum of $500,000 to around $900,000.Since the superior department of USCIS (the immigration agency), the Secretary of DHS (Department of Homeland Security) has spoken and suggested that Congress extend the authorization of regional centers and increase prices, this also indicates that the second wolf among the three crises of U.S. investment immigration predicted by Worldway — the EB-5 price increase — is about to arrive.
Worldway Analysis Points Out: As global investment immigration policies gradually tighten, especially with the closure of major investment immigration entry policies in Canada, Hong Kong, and Australia, more investors will shift their investment immigration goals to the United States, making the path to U.S. investment immigration more congested. Numerous facts once again prove that it is better to immigrate early than late. In 2015, U.S. investment immigration will face three major crises: waiting lists, price increases, and the expiration of the "930 Act". Under the current situation, applying early and submitting documents early, prioritizing already approved projects, is the best choice to cope with the three major crises of U.S. investment immigration regarding price increases or policy changes. However, investors should not be indiscriminate; when prioritizing already pre-approved EB-5 projects by the U.S. immigration agency, they should also pay attention to employment and repayment situations.
Worldway has launched two high-quality approved projects to address the three major crises — the Pennsylvania Highway Project (an approved high-employment, low-risk government project) and the New York Liberty Garden Luxury Apartment Project (an approved high-guarantee, low-risk quality real estate project). Currently, after several rounds of rush purchases, there are very few slots left for these two projects. To secure the last slots for quality projects, please consult: 400-138-2929
